The Majlis will discuss ways to enhance investment environment to encourage business in all fields and reinforce UAE’s position as a top destination for investors.
Dubai’s economy continues to experience sustained growth from the contribution of business tourism, thereby driving the nation’s economic diversification agenda prioritised in the UAE Centennial 2071 strategy.
Overall business conditions in Dubai’s non-oil private sector economy improved at the fastest rate in over four years in April. This mainly reflected the trend in new business, as employment was broadly unchanged during the month. Notably, business conditions in the wholesale & retail sector
The Business Registration and Licensing (BRL) sector in the Department of Economic Development (DED) Dubai, issued 2,805 new licences during April 2019, a growth of 60 per cent compared to April 2018 (1,753). The new licences created 8,375 jobs in the labour market.
To promote ease of doing business and to support its customers Jebel Ali Free Zone (Jafza), the GCC’s largest special economic zone, will become the first free zone in the country to return cash and bank guarantees to its clients through its new Workforce Protection Programme initiative that is set to roll out in September of this year.
The economic fallout from the Covid-19 shock is ongoing and increasingly difficult to predict but there are clear indications that things will get much worse for developing economies before they get better, a new report has said.
Royal Dutch Shell pulled out of a major US liquefied natural gas (LNG) export plant under development following the recent crash in energy prices, quickly followed by its partner, Energy Transfer,
Thailand’s new stimulus package to alleviate the impact of the coronavirus crisis will be worth more than 500 billion baht ($15.30 billion), its finance minister (FM) said.
Expo 2020 Dubai has convened a second virtual meeting of its Steering Committee, with representatives of the countries taking part in the event, as part of ongoing consultations that the impact of coronavirus, COVID-19, will have on global preparations of Expo 2020 Dubai.